The new report claims that Apple has already made wearable gadgets for tracking fitness, but never put them on sale.

If Apple really is cooking up a wristwatch, it could take on Google's upcoming Google Glass eyewear, which beams information onto a screen in your peripheral vision.

Yesterday CEO Tim Cook said that when Apple tried to make a cheaper Mac, it wound up crafting the iPad. Perhaps in an effort to make a cheaper smart phone, the firm is plotting a cheaper gadget to occupy the space on shoppers' wrists.

Is Apple really making a wearable computer, or is it just wishful thinking from fans who are bored with Apple's current crop of gadgetry? Let me know in the comments, or on our Facebook wall.